Wednesday, May 30, 2007

Treasuries Are Little Changed as Stock Indexes Reverse Losses in the U.S.

(Bloomberg) -- Treasuries were little changed,
erasing gains, as U.S. stock indexes reversed declines and
increased.

The benchmark 10-year note rose earlier when investors
sought the relative safety of government debt. A slump in Asian
and European stocks was triggered when China tripled a tax on
securities transactions to help slow investment.


Read more at Bloomberg Bonds News

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